Watkin Jones (LON:WJG) Given Hold Rating at Jefferies Financial Group

Watkin Jones (LON:WJG)‘s stock had its “hold” rating reissued by equities research analysts at Jefferies Financial Group in a report issued on Monday, LSE.Co.UK reports. They currently have a GBX 50 ($0.65) target price on the stock. Jefferies Financial Group’s target price would indicate a potential downside of 8.26% from the stock’s current price.

Watkin Jones Stock Performance

Shares of LON WJG traded up GBX 1.40 ($0.02) during trading hours on Monday, reaching GBX 54.50 ($0.70). 700,807 shares of the stock were exchanged, compared to its average volume of 821,694. The firm has a market capitalization of £139.87 million, a price-to-earnings ratio of -421.22 and a beta of 1.33. The company has a debt-to-equity ratio of 56.71, a quick ratio of 1.55 and a current ratio of 2.32. Watkin Jones has a 52 week low of GBX 30 ($0.39) and a 52 week high of GBX 60.40 ($0.78). The stock’s fifty day simple moving average is GBX 49.38 and its 200 day simple moving average is GBX 47.58.

About Watkin Jones

Watkin Jones Plc engages in the development and the management of properties for residential occupation in the United Kingdom. The company operates through four segments: Student Accommodation, Build to Rent, Affordable Homes, and Accommodation Management. It is involved in the development of purpose-built student accommodation, build to rent accommodation, and residential housing property; and management of student accommodation and build to rent/private rental sector property.